Category: IPO/FPO ANALYSIS
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Bharti Infratel IPO: Aggressive offering of Passive Infrastructure: Invest
SUMMARY Date: Dec 6th 2012 Offering: Price Range Rs 210 – 240 Issue Period: Dec 11 – 14 Retail gets an additional discount Description: Bharti Infratel runs the tower network for Airtel, and also partners for this with Vodaphone and Idea. The business is sticky in terms of customers and has stable cash flows. The…
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Tara Jewels IPO: Rated Medium
………………………………………………………………………………………………………… Post IPO news dated 23-Nov-2012 The news is that Tara Jewels IPO got subscribed 1.9 times. The Retail and Qualified Institutional Investor portions got fully subscribed, while the HNI quota went over 3 times Happy to note that my prediction yesterday turned out right :-) ………………………………………………………………………………………………………… Investment Report dated 22-Nov-2012. Offering: IPO is of Price…
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SMFL IPO: Complex Auto Conglomerate, Retail can Avoid
Date: May 3, 2012 Offering: IPO is of Price Range Rs 113-118, available from May 2-4 Description: SMFL is a mid sized Auto ancilliary firm with a complex Private Equity style business model Opinion: Retail investors need to avoid the IPO SMFL – Description and Profile Samvardhana Motherson Finance is into Auto components design/ manufacture.…
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TBZ: A Glittering IPO Offer – Invest
Date: April 25, 2012 Offering: IPO is of Price Range Rs 120 – 126, available from April 24 – 26 Description: TBZ is a small cap sized domestic Gems and Jewellery firm with big growth plans Opinion: Strong Brand and fast expansion likely. Fairly priced. Invest. TBZ – Description and Profile Tribhovandas Bhimji Zaveri Ltd…
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NBCC: Small PSU Construction Sub-Contractor IPO, Avoid
Report Date: 27th March The updates of 26th EOD are: Overall 58% subscription with Retail 93% and Institutions 52% with FIIs also stepping in. HNIs are at only 3%. These are not great numbers. My sense is that HNI will dive in today only, and with Retail and Institutions doing their bit, subscription may go to 2-3…
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MCX – 800 pound Gorilla of Commodities; Invest
Update on Feb 28th – Stunning demand, low allotment, bullish signs Update: MCX got subscribed 54 times (4.5 till 2nd day), with QIB 49 times (3.68); HNI 150 (1.9) and Retail 24 (6.9). Allotment price has been fixed at 1032. From a target of 663 crores, the process has generated 36,000 crores !! I have to admit to…
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